Sat, Jun 24, 2017 | updated 04:17 AM IST

Couponhaat gears up to raise USD 2 million in Series A funding

Updated: Aug 27, 2016 12:18 IST      
Couponhaat gears up to raise USD 2 million in Series A funding

New Delhi, Aug 27 (ANI): Delhi based start-up and India's leading e-commerce company to provide best coupons and deals for online shoppers Couponhaat is gearing up to raise around USD two million in series A funding.

The startup announced the fund raising plans in sync with its expansion plans to increase the team size.

Within just one year of its operation, Couponhaat has emerged as the fresh face of the online coupons and deals industry. It offers more than 300,000 coupons to redeem and 7000 live coupons, thousands of product pages and countless deals listed on the site.

Over last quarter Couponhaat has raised its graph tremendously and attracted over two million hits on the website. The traffic is steadily increasing each month, since the time of its very inception in the month of April 2015.

It has drawn great consumer attention and successfully managed to cater to the growing demand for discounted coupons and deals among online buyers across India.

Since the commencement of services, Couponhaat's main focus has been to offer benefits to online buyers by way of providing discounted deals, coupons, freebies, and giveaways. At the same time, Couponhaat regularly updates promo codes, coupons and deals of various brands, which help both buyers and the brands.

"We want to raise capital which would help us in turning our plan into reality. So far, we have had a fantastic journey and, now the time has come when we must expand our business into different locations," said Founder and CEO, Couponhaat, Vipin Kumar Yadav.

"We are planning to expand within the country as well as abroad. We are eyeing to raise around USD two million and already in talks with potential investors from Europe and Middle East," added Yadav.

" Couponhaat.in has been exceptionally setting new trends while serving our widely expanded client-base effectively since our inception. With this capital raise, we are looking to invest more in technology, human resources, marketing and brand building with an aim to grow company's footprints across different markets," added Vipin. (ANI)

New Delhi [India], June 23 (ANI): India's first and largest marketplace ShopClues is introducing several merchant initiatives and workshops nationwide to have a smooth transition to the Goods and Services Tax (GST) framework.

Full Story >>

New Delhi [India], June 23 (ANI-NewsVoir): As many as 150 students have been awarded a free trip to Malaysia by Chennais Amirta International Institute of Hotel Management, a leading name in hospitality education and winner of `Award of Excellence' from the hands of President of India.

Full Story >>

BNI India spreads its wings to over seventy cities

Updated: Jun 23, 2017 16:54 IST     

New Delhi [India], June 23 (ANI-NewsVoir): US-based BNI, World's largest and most successful business networking organization widens its reach across the country, through its participation in Master Franchise Show 2017, taking place in New Delhi on June 24 and 25.

Full Story >>

New Delhi [India], June 23 (ANI): India's leading Ed-Tech firm Talentedge in association with Kantar TNS unveiled the results of their latest Young India study, which identified the emerging trends pertaining to 'career future' of Young India.

Full Story >>

New Delhi [India], June 23 (ANI): Flintobox has announced the launch of Flintoclass, a comprehensive product which aims to power the independent and unbranded preschools to deliver high quality early learning program for kids. Founded in 2013, the Chennai based startup turns profitable this year, registering a revenue of 13 crores.

Full Story >>

New Delhi [India], June 23 (ANI): BSE-NSE listed specialty cable company CMI on Friday bagged orders worth more than Rs. 30 crore from East Central Railways and Bharat Heavy Electricals Ltd. (BHEL) to provide railway signalling cables and HT XPLE cables, respectively.

Full Story >>

New Delhi [India], June 23 (ANI-BusinessWire India): This monsoon, offers just keep pouring in from Snapdeal as it announces a double sale bonanza on June 24 and 25, with the biggest yet Unbox Monsoon Sale plus Weekend special edition of the ongoing End-of-season-sale.

Full Story >>

New Delhi [India], June 23 (ANI): E-commerce giant Amazon India has announced its tie-up with NUOAURA (the B2B ecommerce platform that sells office supplies) for a period of three years for an undisclosed amount.

Full Story >>

New Delhi [India], June 23 (ANI): India's premier business software provider Tally Solutions has announced the launch of Tally.ERP 9 Release 6, its GST ready accounting and compliance software.

Full Story >>

New Delhi [India], June 23 (ANI): Online marketplace UrbanClap on Friday announced its partnership with Truecaller, a communication app, to enhance consumer experience by integrating Truecaller Priority in the company's IVR and its enlisted professional's numbers.

Full Story >>

New Delhi [India], June 23 (ANI): Comprehensive travel and leisure activities platform Cleartrip has launched the Arabic version of its desktop websites. The launch will make available Cleartrip's uncluttered and intuitive UI, seamless user experience, and hassle-free booking experience to Arabic audiences, particularly those in markets belonging to the Cooperation Council for the Arab States of the Gulf (formerly Gulf Cooperation Council).

Full Story >>

HDFC Bank to organise GST workshops across India

Updated: Jun 23, 2017 15:07 IST     

New Delhi [India], June 23 (ANI): HDFC Bank Ltd will be organising awareness workshops to educate traders, merchants, and businessmen on the forthcoming Goods and Services Tax (GST) Bill, which is slated to come into effect on July 1, 2017.

Full Story >>

Fintech firm LoanTap raises USD four million

Updated: Jun 23, 2017 14:56 IST     

New Delhi [India], June 23 (ANI): LoanTap Financial Technologies, an online personal loan company with in-house NBFC announced the closing of its second round funding at USD four million. The round comprises of a mix of equity and debt instruments from Kae Capital, India Quotient, IFMR and MAS Financial Services Ltd.

Full Story >>

ItzCash enables Bharat QR on its PoS terminals

Updated: Jun 23, 2017 13:58 IST     

New Delhi [India], June 23 (ANI): ItzCash has announced rolling-out 'Bharat QR code' feature across its retail network. Now scan and pay money with ItzCash's Point-of-Sale devices by simply flashing your cell phone.

Full Story >>

Zydus Wellness announces national launch of Sugar Free Green

Updated: Jun 23, 2017 09:22 IST     

New Delhi [India], June 23 (ANI-BusinessWire India): Sugar Free, the market leader in the sugar substitute category in India with a market share of over 94 percent, announced the national launch of its new variant - Sugar Free Green.

Full Story >>

New Delhi [India], June 23 (ANI): IBM has announced a study conducted by the IBM Institute for Business Value (IBV) in cooperation with the Economist Intelligence Unit, to evaluate India's growing skills challenge and proposed recommendations to bridge the gap.

Full Story >>

New Delhi [India], June 22 (ANI): Pawan Kumar Agarwal, Chief Executive Officer of the Food Safety and Standards Authority of India (FSSAI) said Thursday that the FSSAI is committed to ensuring robust and unambiguous standards for food supplements with the help of industry.

Full Story >>

MSMEs all set to embrace GST challenges

Updated: Jun 22, 2017 18:00 IST     

New Delhi [India], June 22 (ANI): The CII MSME Summit titled, 'Breaking Barriers to Excellence: Unlocking Hidden Potential,' echoed the preparedness of MSMEs to adopt the GST regime.

Full Story >>

Paris [France]/Mumbai [India], June 22 (ANI): Reliance Defence Limited, a fully owned subsidiary of Reliance Infrastructure Limited signed a Memorandum of Understanding (MOU) at the Paris Air Show with Daher Aerospace, France, a leading supplier of integrated systems for Aerospace and Advanced Technologies.

Full Story >>

New Delhi [India], June 22 (ANI-NewsVoir): Parry Nutraceuticals, a division of EID Parry and part of the Murugappa Group has forged a partnership with Synthite Industries to apply proprietary patented technologies for extraction of Phycocyanin, a natural blue pigment found in Spirulina.

Full Story >>